4-Unit Townhome-Style
For Sale
$775,000
4801 Kim Lane, Madison, WI 53704
Four private-entry residences provide attached garages, practical layouts, and individual mechanical systems within a townhome-style configuration.
Property Size5,320 SF
Price / SF$145.68
Days on Market194
Property Features for 4801 Kim Lane
General Information
Standard status
Active
Size
5,320 SF
Property subtype
Multi Family / Townhouse style units
Zoning
SR-V1
Units
Unit Mix
4 x 2BR/1.5BA
Multifamily Units
4
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$13,342
Amenities
Full
Natural Gas
Forced air
Tenant's personal property
4 stoves, 4 refrigerators, 4 washers, 4 dryers, 4 hot water heaters, 4 air conditioners, 4 furnaces
4
1
Vinyl
Building Details
Year Built
1994
Units
4
Construction
townhome-style
Listing Agency:
The Hub Realty
(608) 630-7998
Listed By:
Wills Manning · License #90146-94
(608) 630-7998
Source:
Compass
Added: Feb 18
Changed: Aug 30
Last Checked: Aug 30 at 4:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Hub Realty
Investment Insights
Based on property information with market context.
Built in 1994, this 5,320-square-foot quadplex contains four townhome-style residences, each arranged with two bedrooms and 1.5 baths. Private entrances and attached one-car garages give every unit a distinct access point and dedicated parking. The building has vinyl siding and is supported by natural gas and forced-air systems.
Each residence includes a stove, refrigerator, washer, dryer, hot water heater, air conditioner, and furnace, creating a separately equipped four-unit configuration. The property is zoned SR-V1 and is located at 4801 Kim Lane in Madison, Wisconsin, near shopping, parks, dining, and everyday services with access to major commuter routes.
Each residence includes a stove, refrigerator, washer, dryer, hot water heater, air conditioner, and furnace, creating a separately equipped four-unit configuration. The property is zoned SR-V1 and is located at 4801 Kim Lane in Madison, Wisconsin, near shopping, parks, dining, and everyday services with access to major commuter routes.
Key Highlights
- Four‑unit quadplex with 5,320 square feet, built in 1994
- Each residence offers 2 bedrooms and 1.5 baths
- Private entry and attached one‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$70,417
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,408,340
$1.4M
Cap Rate 7%
$1,005,957
$1.0M
Cap Rate 9%
$782,411
$782.4K
Market Conditions
NOI Build-Up for 5,320 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$105.3K $19.80/SF
− Vacancy
−$4.7K −$0.89/SF
EGI
$100.6K $18.91/SF
− OpEx
−$30.2K −$5.67/SF
NOI
$70.4K $13.24/SF
Area
Madison, WI
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,408,340
Cap Rate 7%
$1,005,957
Cap Rate 9%
$782,411
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$880.2K – $1.17M
NOI $70,417 @ 7.0% cap · market cap 9.09%
Second Best
Apartment 5plus
$932.2K
$815.7K – $1.09M
NOI $65,256 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,783 @ 7.0% cap · market cap 14.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
Explore this area
Business Placement
Demographics for 53704, WI
47,066
Population
22,740
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,149
Density / Sq Mi
$75,007
Median Household Income
$47,665
Median Earnings
$1,231
Median Rent
$289,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four private-entry residences provide attached garages, practical layouts, and individual mechanical systems within a townhome-style configuration.
Where is this quadplex located?
The property is located at 4801 Kim Lane Madison, WI.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Four‑unit quadplex with 5,320 square feet, built in 1994; Each residence offers 2 bedrooms and 1.5 baths; Private entry and attached one‑car garage for each unit
